Securities Exchange Board of India (SEBI), has recently announced a slew of measures for mutual funds industry. The market regulator has modified certain mutual funds rules to make them more investor friendly.
Securities and Exchange Board of India has mandated all open-ended debt schemes to hold at least 10% of their net assets in liquid assets.
The Securities and Exchange Board of India (Sebi) has asked stock exchanges to ensure that investor grievances are resolved within 15 working days after receiving the complaint.
Mutual funds offer one of the most transparent and cost effective investment options to all categories of investors, irrespective of gender or financial constraints and other considerations, Surya Kant Sharma, Senior Consultant - North India, Association of Mutual Funds in India (Amfi) said on Thursday.
SEBI has allowed asset management company to become a proprietary trader and self-clearing member in the debt segment of stock exchanges and clearing corporations to carry out trades and settle trades.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.